Sr. Financial Analyst- Financial Reporting

Sr. Financial Analyst-Financial Reporting

https://lambweston.loop.jobs/job/Lamb-Weston-Eagle-Sr.-Financial-Analyst–Financial-Reporting-Idaho/1165459

About Us

Started in 1950 on a small farm in the Northwest region of the U.S., Lamb Weston has grown to be one of the world’s largest frozen potato companies, happily delivering the delicious goodness of fries to more than 100 countries. Lamb Weston has created inventive products and processes that are standards in the industry. When we look at a potato, we see possibilities. Our people are a valuable and integral part of our business and play a vital role in our success as an organization. At Lamb Weston we offer the financial stability and career potential of a true industry leader. Lamb Weston will offer you the opportunity to put your education and skills to work as part of a great team, contributing to the achievement of the organization’s goals and objectives. You will be challenged to take responsibility, drive results, show creativity, and display initiative – and you will be rewarded for your contributions and impact.

Let’s explore the possibilities together.

The Role

This position is responsible for tasks surrounding and financial reporting and corporate accounting processes at Lamb Weston. This includes research and accounting for areas such as accounting for derivatives, debt and interest costs, goodwill, pensions, stock compensation, and other complex accounting areas. This position requires extensive knowledge of Generally Accepted Accounting Principles (GAAP). This position will partner frequently with personnel at all levels within the Controllers Organization and throughout the Company. The consistency, accuracy, and timeliness of this communication are vital and must clearly convey all outstanding issues.

Position Responsibilities:

Provide support for internal and external financial statements in compliance with GAAP and/or other regulatory requirements.
Participate actively in recurring and special projects involving accounting matters, such as policy updates, compliance support, and process improvement initiatives.
Research and provide financial analysis related to areas such as accounting for derivatives, debt and interest costs, goodwill, intangible assets, and other complex accounting areas.
Participate in and perform period-end close activities to ensure timely completion of assigned tasks, including identification and resolution of unusual items and issues in a timely and accurate manner.
Prepare monthly accounting schedules as support for the balance sheet account reconciliations and financial audits, and provide analytic support to business partners as required.
Perform general accounting activities in the SAP general ledger.
Exercise judgment in financial, operational, or transactional analysis to identify and resolve issues.
Assist in internal and external audits.
Maintain effectiveness of processes, procedures, and control environment.
Effectively communicate information impacting both internal and external customers.
Alert management of situations that may materially affect the company’s overall financial condition.
Successfully work in a team environment and across business groups within the company.
Ensure compliance with SOX Controls and Lamb Weston policies.
Reviewing the closing of financial systems and identify and resolve unusual items and issues in a timely and accurate manner.

Prioritize multiple activities to ensure accurate and timely completion of both scheduled and extemporaneous tasks within a tight deadline

Key Accountabilities

Position Responsibilities:

Provide support for internal and external financial statements in compliance with GAAP and/or other regulatory requirements.
Participate actively in recurring and special projects involving accounting matters, such as policy updates, compliance support, and process improvement initiatives.
Research and provide financial analysis related to areas such as accounting for derivatives, debt and interest costs, goodwill, intangible assets, and other complex accounting areas.
Participate in and perform period-end close activities to ensure timely completion of assigned tasks, including identification and resolution of unusual items and issues in a timely and accurate manner.
Prepare monthly accounting schedules as support for the balance sheet account reconciliations and financial audits, and provide analytic support to business partners as required.
Perform general accounting activities in the SAP general ledger.
Exercise judgment in financial, operational, or transactional analysis to identify and resolve issues.
Assist in internal and external audits.
Maintain effectiveness of processes, procedures, and control environment.
Effectively communicate information impacting both internal and external customers.
Alert management of situations that may materially affect the company’s overall financial condition.
Successfully work in a team environment and across business groups within the company.
Ensure compliance with SOX Controls and Lamb Weston policies.
Reviewing the closing of financial systems and identify and resolve unusual items and issues in a timely and accurate manner.
Prioritize multiple activities to ensure accurate and timely completion of both scheduled and extemporaneous tasks within a tight deadline.

Skills & Experience

Position Qualifications

Bachelor’s degree in accounting or finance
CPA and/or advanced degree preferred
5+ years of experience in public accounting, corporate accounting, financial reporting, etc.
SEC audit experience preferred;
Solid understanding of generally accepted accounting principles required
Strong communication, organization, and planning skills
Ability to work on multiple projects and assignments at the same time to reach resolution
Ability to research problems independently and propose business solutions
Ability to reach out to various levels within the organization in order to resolve issues.
Ability to identify and promptly communicate situations that may materially affect the company’s overall financial condition.
Proficient PC and MS Office skills

Other

Lamb Weston is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, veteran status or any other protected factor under federal, state or local law.

Job Type: Full-time

Required education: